Yuga Labs restructures again, EU touts metaverse health benefits: Nifty Newsletter
Yuga Labs CEO Greg Solano said intricate corporate processes muddied the company’s creative spirit.
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Ethereum ‘Verge’ upgrade to enable nodes on phones and smartwatches
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.

Bank of Korea completes first phase of digital currency pilot
The second phase of the CBDC mock testing is expected to complete by June this year 1223 Total views 13 Total shares The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021. The South Korean central bank said that the first phase of its…

Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K
The price of Bitcoin (BTC) found strong support at $8,200 last week, after which it started to rally toward $8,800 earlier today.Alongside with that, the total market capitalization of crypto found a support at $215 billion and starting to look bullish. Will this mean that the correction is over, and crypto is trending upwards?Crypto market…

Crypto exchanges to meet Nigerian SEC chief for regulatory talks
The meeting is expected to ignite positive changes that benefit all crypto stakeholders in Nigeria and internationally.

Russian government official calls to legalize mining ‘as soon as possible’
The quotas and allocations of mining operators should be set by the regional authorities, not federal, the deputy minister says. 598 Total views 22 Total shares Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulation. This statement continues the recent streak of…

$400M gaming VC fund Bitkraft teams up with Delphi on blockchain gaming
The collaboration will seek investments in the gaming and blockchain industry. 1913 Total views 17 Total shares Gaming-focused venture capital fund Bitkraft Ventures has partnered with crypto industry research firm Delphi Digital in order to invest in related projects.The collaboration, announced on April 29, will allow Bitkraft to increase its focus on investments in firms…

Crypto firms launch Wall Street-style funds: Finance Redefined
Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets. With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen

US SEC Chairman Says the Rules Won’t Change for Cryptocurrencies
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton says he won’t make exceptions in securities law for cryptocurrencies, but he won’t stand in their way either.SEC rule changes ‘ain’t happening’Bloomberg published an interview with Jay Clayton on Aug. 27. According to Clayton, he has no desire to change securities laws, either to include…